Lil Wayne Settles Two Lawsuits, Now Free To Release ‘Tha Carter V’ Album

Lil Wayne will now be able to release Tha Carter V album after he settled two lawsuits. One is against Cash Money Records, and the other one is against Universal Music Group.

The rapper filed his lawsuit against Cash Money and its owners, Birdman and Ronald "Slim" Williams, UMG Recordings and Universal Music Group. However, it was dismissed in court. Universal was required to pay Lil Wayne in excess of $10 million, but Cash Money and Birdman did not have to pay him anything.

In 2016, Lil Wayne filed another lawsuit over withheld profits from the Universal and Soundexchange Inc. He sought $40 million in damages, but it has not been revealed whether or not he won the case.

Lil Wayne's Attorney Release Statement

Ron Sweeney, Lil Wayne's attorney, has released a statement regarding his client's recent settlement agreement. He said that both lawsuits have been resolved amicably.

"In terms of the particulars, we're prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music, and himself. At some point, Wayne will let his fans know what's going to happen next," said Sweeney.

Tha Carter Vwas ready for release a couple of years ago. In 2017, Birdman insisted that it will definitely come out. During his interview, Birdman also called Lil Wayne as one of the best artists in the industry.

Lil Wayne's Music Career

Lil Wayne is an American rapper whose real name is Dwayne Michael Carter Jr. At the age of 9, Lil Wayne joined Cash Money Records and became the youngest member of the record label. Years later, Lil Wayne joined the southern hip-hop group Hot Boys.

In 1999, Lil Wayne launched his solo music career with the release of his debut album The Block is Hot. The compilation was certified platinum by the Recording Industry Association of America.